TripAdvisor, Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - TripAdvisor, Inc. (TRIP) released a profit for its first quarter that advanced from last year.

The company's bottom line totaled $26 million, or $0.18 per share. This compares with $5 million, or $0.04 per share, in last year's first quarter.

Excluding items, TripAdvisor, Inc. reported adjusted earnings of $51 million or $0.36 per share for the period.

Analysts had expected the company to earn $0.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.5% to $376 million from $378 million last year.

TripAdvisor, Inc. earnings at a glance:

-Earnings (Q1): $51 Mln. vs. $42 Mln. last year. -EPS (Q1): $0.36 vs. $0.30 last year. -Analysts Estimate: $0.31 -Revenue (Q1): $376 Mln vs. $378 Mln last year.